Victory is a provider of oil field technology solutions, helping clients optimize their operations and achieve greater efficiency in the oil and gas industry. Victory will refocus its efforts on a wide range of products and services designed to enhance decarbonizing production, reduce costs, and improve overall performance in hard-to-decarbonize industries such as refineries, ammonia, and fertilizer production.
Company profile
Ticker
VYEY
Exchange
Website
CEO
Kevin DeLeon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NEW ENVIRONMENTAL TECHNOLOGIES CORP, VICTORY CAPITAL HOLDINGS CORP, VICTORY ENERGY CORP
SEC CIK
Corporate docs
IRS number
870564472
VYEY stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
8-K/A
Report of Independent Registered Public Accounting Firm
20 Mar 24
8-K
Other Events
5 Mar 24
8-K
Changes in Registrant's Certifying Accountant
14 Feb 24
8-K
Entry into a Material Definitive Agreement
5 Jan 24
8-K
Entry into a Material Definitive Agreement
4 Dec 23
SC 14F1
Statement regarding change in majority of directors
1 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
D
$5.00 mm in equity / debt / options, sold $225.00 k, 4 investors
19 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
Latest ownership filings
3
Initial statement of insider ownership
23 Apr 18
4
RONALD ZAMBER
17 Apr 18
4
RICARDO A SALAS
17 Apr 18
4
Change in insider ownership
17 Apr 18
3
Eric Eilersten
17 Jan 18
3
KEVIN DELEON
22 Sep 17
3
RICARDO A SALAS
31 Aug 17
4
KENNETH E HILL
25 Aug 17
SC 13D
Victory Energy Corp
1 Mar 17
3
Michael Cosby
28 Feb 17
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 32.66 k | 32.66 k | 32.66 k | 32.66 k | 32.66 k | 32.66 k |
Cash burn (monthly) | 13.33 k | 5.71 k | 89.22 k | 33.63 k | 22.46 k | 17.56 k |
Cash used (since last report) | 91.44 k | 39.14 k | 611.86 k | 230.63 k | 154.00 k | 120.42 k |
Cash remaining | -58.78 k | -6.48 k | -579.20 k | -197.97 k | -121.34 k | -87.76 k |
Runway (months of cash) | -4.4 | -1.1 | -6.5 | -5.9 | -5.4 | -5.0 |
Press releases
Victory Clean Energy to Present at Integrous Big Hearts, Big Ideas Virtual Investor Conference on February 13 - 15, 2024
6 Feb 24
Redding Rancheria Economic Development Corporation to bring Affordable TrueGreen Hydrogen™ to Native American communities
30 Jan 24
Victory Clean Energy Inc. Announces Collaboration with Redding Rancheria Economic Development Corporation to bring Affordable TrueGreen Hydrogen(TM) to Native American Communities
30 Jan 24